| Technology grows more complex every
day. The upside for business is increased efficiencies.
The downside is an increasingly complex array of potential
problems, not all of which can be anticipated or prevented.
It’s no longer just factories that need engineering
insurance. Gone are the days of shops with stand-alone
cash registers: now they’re networked linked into
the computer system and sometimes tied into inventory.
It’s an inter-connected system that, unfortunately,
can suffer the domino effect when something goes wrong.
A single failure can cause a whole business to shut
down. The result is not only
the cost of equipment repair or replacement, but also
the potentially more damaging expense of lost revenue
and deterioration of stock.
HSB Australia can provide tailored engineering insurance
to protect businesses against the pitfalls of modern
technology.
HSB’s engineering insurance is ideally partnered
with its inspection division,
giving you the benefit of our extensive knowledge of
exposures and focus
on loss prevention.
Insurances provided include:
- Equipment Breakdown
(including resulting business interruption and deterioration
of stock)
- Contract Works
- Contract Plant
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